US Dollar

US Dollar

Politika

Nigeria’s Bitcoin Premiums May Better Reflect Country’s Demand for the Dollar, Not Crypto

Nigerians are paying a premium, but probably more for the stability of the U.S. dollar than for bitcoin, an analyst told CoinDesk.

Nigeria's bitcoin premiums are skewed by U.S. dollar exchange rates in the country. (Minchen Liang/Getty)

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La caída de bitcoin podría continuar si la fortaleza del dólar se mantiene en los próximos trimestres, según Goldman Sachs

La fortaleza relativa de la economía estadounidense y la postura de la Fed han contribuido a llevar al dólar a un máximo de dos décadas.

Goldman Sachs detectó una continua fortaleza del dólar. (Getty Images)

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Bitcoin se estanca y encuesta del Bank of America revela que el “dólar largo” es el favorito

La encuesta realizada en octubre por el Bank of America a los administradores de fondos mostró que, por cuarto mes consecutivo, el “dólar largo” es lo más buscado.

La encuesta a administradores de fondos del BofA revela que el dólar largo es la operación más buscada. (Bank of America)

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Bitcoin Stuck in a Rut as BofA Survey Reveals 'Long Dollar' Is Most Favored Trade

Bank of America's October survey of fund managers showed "long dollar" as the most sought after bet for the fourth straight month.

La encuesta a administradores de fondos del BofA revela que el dólar largo es la operación más buscada. (Bank of America)

Görüş

Why Is the Dollar Crushing Global Currencies if Inflation Is so Bad?

The continued dominance of USD in global markets may come as a surprise to those who learned economics from crypto.

(Adam Nir/Unsplash, modified by CoinDesk)

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Market Wrap: Bitcoin Erases Weekly Losses, but Skepticism Remains

BTC climbed for a third consecutive day, breaking above $21,000, despite lingering doubts.

Bitcoin erased this week's early losses and climbed for a third consecutive day. (Mick Haupt/Getty Images)

Videolar

Tether Loses $1 Peg, Bitcoin Briefly Drops to 2020 Levels Near $24K Before Rebounding

The tether (USDT) stablecoin dropped to as low as 94 cents Thursday before recovering to just above 99 cents, briefly losing its parity with the U.S. dollar. Separately, bitcoin dropped to levels not previously seen since December 2020. "The Hash" panel discusses weakening sentiment around stablecoins and why this matters as the crypto markets continue to be under pressure.

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Fed Preview: How Rate Hikes Could Stimulate Demand for Stablecoins

Higher interest rates will likely increase demand for the dollar. This could translate into higher demand for dollar-pegged crypto this year.

Federal Reserve building (Paul Brady Photography/Shutterstock)

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50 Years After Bretton Woods, the US Dollar's Throne Is in Play

The greenback's share of world reserves is dropping steadily. The euro, yuan and bitcoin are all in the running to pick up the slack.

U.S. President Richard Nixon took the U.S. dollar off the gold standard in 1971.